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If TC = 321 + 55Q - 5Q2, then average total cost at Q = 10 is:

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 1.1CE

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If TC = 321 + 55Q - 5Q2, then average total cost at Q = 10 is:

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